Hashtag: #MaidenHoldings
A.M. Best Affirms Ratings Of Maiden Holdings
A.M. Best Co. has affirmed the financial strength rating [FSR] of A- [Excellent] and issuer credit ratings [ICR] of “a-” of the property/casualty subsidiaries of Bermuda’s Maiden Holdings, Ltd. Concurrently, A.M. Best has affirmed the ICR of “bbb-” of Maiden Holdings and the debt rating of “bb” on its preferred... Read more of this article
Maiden Holdings Quarterly Cash Dividend: $0.09
Maiden Holdings Ltd. approved a quarterly cash dividend of $0.09 per share of common stock. The dividend will be payable on July 12, 2013 to shareholders of record as of July 1, 2013. Maiden’s Board of Directors also approved a cash dividend on its 8.25% Non-Cumulative Perpetual Preference Shares of $0.515625 per Preference Share. The dividend... Read more of this article
Maiden Holdings To Release Results On May 8
Bermuda-based reinsurer Maiden Holdings, Ltd. plans to release first quarter 2013 financial results following the market close on Wednesday, May 8. Art Raschbaum, Chief Executive Officer and John Marshaleck, Chief Financial Officer will review these results via teleconference and live audio webcast on Thursday, May 9 beginning at 8:30 a.m. Eastern Time. To... Read more of this article
Maiden Holdings Reports Q4 Net Loss: $10.1M
Bermuda-based Maiden Holdings, Ltd. reported a fourth quarter 2012 net operating loss of $10.1 million, or $0.14 per diluted common share, compared with net operating income of $17.2 million, or $0.24 per diluted common share, in the comparative quarter in 2011. The net loss totaled $10.3 million, or $0.14 per diluted common share, in the fourth quarter... Read more of this article
Maiden Holdings Closing Of $150M Share Offering
Bermuda-based Maiden Holdings today [Aug 29] announced that it has closed its underwritten public offering of $150 million of its 8.25% Non-Cumulative Preferred Shares with a liquidation preference of $25.00 per share. The offering was priced on August 22, 2012. Total net proceeds from the offering were approximately $145.0 million, after deducting... Read more of this article
Maiden Holdings Prices Preferred Shares Offering
Bermuda-based Maiden Holdings, Ltd. has priced an underwritten public offering of $150 million of its 8.25% Non-Cumulative Preferred Shares, with a liquidation preference of $25.00 per share. Maiden expects to receive the net proceeds from the sale of the Preferred Shares on August 29, 2012. Except in certain limited circumstances, the Preferred Shares... Read more of this article
Maiden Holdings Approve $0.08 Dividend
The Board of Directors of Maiden Holdings, Ltd. approved a quarterly cash dividend of $0.08 per share of common stock. The dividend will be payable on October 15, 2012 to shareholders of record as of October 1, 2012. Formed in 2007, Maiden Holdings, Ltd. is a Bermuda-based holding company which has $3.8 billion in assets and shareholders’ equity... Read more of this article
A.M. Best Affirms Ratings of Maiden Holdings
A.M. Best Co. has affirmed the financial strength rating (FSR) of A- (Excellent) and issuer credit ratings (ICR) of “a-” of the property/casualty subsidiaries of Bermuda-based Maiden Holdings, Ltd. Concurrently, A.M. Best has affirmed the ICR of “bbb- ” of Maiden Holdings. Additionally, A.M. Best has affirmed the ICR and senior... Read more of this article
Maiden Holdings To Release First Quarter Earnings
Bermuda based Maiden Holdings, Ltd. plans to release first quarter 2012 financial results following the market close on Wednesday, May 2, 2012. Art Raschbaum, Chief Executive Officer, and John Marshaleck, Chief Financial Officer, will review these results via teleconference and live audio webcast on Thursday, May 3, 2012 beginning at 9:00am Bermuda... Read more of this article
Maiden Closes $100 Million Offering
Bermuda’s Maiden Holdings, Ltd. today [Mar. 27] announced that its wholly-owned US holding company, Maiden Holdings North America, Ltd., has closed its offering of $100 million aggregate principal amount of 8% Senior Notes due March 27, 2042, which are fully and unconditionally guaranteed by Maiden. The offering was priced on March 20, 2012. Total... Read more of this article
S&P Affirms Maiden Holdings Ratings
Standard & Poor [S&P] yesterday [Mar.21] attacheds a ‘BBB-’ rating to the proposed $100 million senior note issue by Maiden Holdings North America Ltd., a subsidiary of Bermuda’s Maiden Holdings Ltd. The ratings agency also affirming its ‘BBB-’ counterparty credit ratings on Maiden Holdings Ltd. and Maiden NA and... Read more of this article
Maiden Holdings $100M Public Offering
Bermuda-based Maiden Holdings, Ltd. yesterday [Mar.20] announced that its wholly-owned US holding company, Maiden Holdings North America, Ltd., has priced the offering of $100 million aggregate principal amount of 8% Senior Notes due March 27, 2042, which are fully and unconditionally guaranteed by Maiden. The Notes are redeemable for cash, in whole... Read more of this article
Maiden Holdings Declares Dividend
Bermuda’s Maiden Holdings today [Feb.23] announced that its board of directors approved a quarterly cash dividend of $0.08 per share of common stock. The dividend will be payable on April 16, 2012 to shareholders of record as of April 2, 2012. Earlier this week the company declared fourth quarter 2011 net operating earnings of $17.2 million, or... Read more of this article
Maiden Holdings: “Very Pleased With Results”
Bermuda’s Maiden Holdings, Ltd. today [Nov. 2] reported third quarter 2011 net income of $16.0 million, or $0.22 per diluted share compared with $18.5 million or $0.26 per diluted share in the third quarter of 2010. Net operating earnings for the third quarter of 2011 were $21.4 million, or $0.29 per diluted share compared with $18.0 million,... Read more of this article
Maiden Holdings Closes $107.5m Debt Offer
Bermuda based Maiden Holdings, Ltd. announced that its wholly-owned U.S. holding company, Maiden Holdings North America, Ltd. has closed its offering of $107.5 million aggregate principal amount of 8.25% Senior Notes due June 15, 2041, including $7.5 million aggregate principal amount of Notes to be issued and sold by Maiden NA pursuant to the underwriters’... Read more of this article
Maiden: ‘Solid Results For Shareholders’
Bermuda-based Maiden Holdings, Ltd. yesterday [Mar.1] reported fourth quarter 2010 net income of $19.1 million, up 14.4% from $16.7 million in the fourth quarter of 2009. Earnings per diluted share of $0.27 increased 12.5% from $0.24 in the fourth quarter of 2009. Operating earnings for the quarter totaled $17.2 million, or $0.24 per diluted share,... Read more of this article
